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answer these questions, no handwriting or pictures, explain in details 2. Abdulkrim Company manufactures a product A. The company estimates the cost function for the
answer these questions, no handwriting or pictures, explain in details
2. Abdulkrim Company manufactures a product A. The company estimates the cost function for the total costs. The cost driver is number of units. The following information were collected: Month Units Total Costs January 3,560 $242,400 February $252,000 March 4,000 $260,000 April 3,600 $244,000 3,200 $228,000 June 3,040 $221,600 3,800 May Compute a cost function using the high-low method. (1 Mark) 3. Hashim Corporation sells its product for $17 per unit. Its variable cost is $10 per unit, and total fixed costs are $800. Assuming next period's estimated sales are 300, calculate the following amounts: (1 Mark) a. Degree of operating leverage b. Margin of safety in units c. Margin of safety in revenues
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